New York Multifamily is pleased to offer 1081 Teller Avenue, located in the lively neighborhood of Concourse Village. Situated between 166th Street and 165th Street, this asset has been professionally managed by the same ownership group for nearly 7 years. Spanning 7,360 square feet across four stories, 1081 Teller Avenue is composed of 8 units total. Offered at $93,750 per unit, this turn-key investment enables owners to achieve steady income throughout the entire holding period. The property benefits from a prime location near the 167th Street 4 train, the Metro-North railroad in Melrose, Claremont Neighborhood Garden Park, and Grand Concourse Highway. THE OPPORTUNITY • THE BUILDING This 8-unit walk-up comprises 8 three-bedroom apartments • THE METRICS 7.3% Cap Rate | 5.8x GRM | $102 Per Sqft | $93,750 Per Unit PRIME LOCATION • PRIME LOCATION 1081 Teller Avenue is well-located in proximity to the 167th Street 4 train, the Metro-North railroad in Melrose, Claremont Neighborhood Garden Park, and Grand Concourse Highway.